Treasury Metals Provides Operational Update and Announces New Management Position

About this update from Nexgold Mining Corp.

[{"type":"text","content":"\n\n\nTSX: TML\n\n\nTORONTO, Oct. 23, 2013 /CNW/ - Treasury Metals Inc. is pleased to\n provide a summary of operational activities on its flagship Goliath\n Gold Project located in northwestern Ontario and the appointment of Mr.\n Murray Ferguson as Director of Community Development.\n\n\nMr. Ferguson joins Treasury Metals as a former Manager for Weyerhaeuser\n and Domtar and the Ontario member of Weyerhaeuser's Canadian Aboriginal\n Affairs Team.  Murray brings extensive experience and relationships\n with First Nations in Northwestern Ontario from his work within the\n Dryden area.  Murray will continue to engage with surrounding\n communities and oversee the consultation aspects going forward\n throughout the permitting process.\n\n\nTreasury Metals continues to work towards submitting the Goliath Gold\n Project EIS to the Canadian Environmental Assessment Agency (CEAA) in\n early 2014, a major milestone in the mine permitting process. CEAA\n subsequently issued its Environmental Impact Statement (EIS) Guidelines\n to the company in February of this year.\n\n\nTreasury Metals also continues to advance technical engineering and\n environmental programs to support a Goliath Gold Project Mine\n Feasibility Study.\n\n\nHighlights of recent developments include:\n\n\nCompleted Hydrogeology Baseline Sampling program that outlines natural\n water courses and surrounding ground water levels, including 11\n additional boreholes and sampling throughout the year.\n\nCompleted ARD Baseline program with EcoMetrix. Results have shown easily\n mitigatable geochemical characteristics with final waste rock volumes\n to be confirmed by further infill drilling.\n\nDetailed studies for Geotechnical Mine Design overseen by MDEng of\n Kingston Ontario are on-going including oriented core drilling. The\n program will be completed with the upcoming infill drilling campaign.\n\nContinued Progress on EIS by internal environmental staff towards\n submitting the Goliath Project EIS to CEAA in early 2014.\n\nCompleted a number of environmental and baseline studies that were\n identified in the Nordmin Environmental Gap Analysis as mentioned in\n the May 14th operational update.\n\nCompleted significant portion of infill drilling campaign. \n Approximately 10,000 metres were drilled for the infill campaign to\n further define indicate...

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